News
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UK utilities face stronger procurement expectations supporting domestic manufacturing jobs. Electricity networks are explicitly included, while government retains legislation as a future enforcement option.
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Southeast European day-ahead electricity prices eased sharply for Saturday delivery. Hourly values remained far more volatile, maintaining substantial spreads for storage and other flexible resources.
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Wind and solar output fell faster than regional electricity demand. Large differences between national markets increased the role of flexible generation, storage, and cross-border electricity exchanges.
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Gas-fired power generation fell sharply across Southeast Europe last week. Coal and lignite output edged higher, while overall thermal production declined alongside weaker regional electricity demand.
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Greek net electricity exports rose as domestic power demand weakened. Bulgaria remained the larger exporter, although lower hydropower reduced its weekly surplus.
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Croatia increased electricity imports as renewable output fell sharply nationwide. Hydropower strengthened considerably, but the increase was insufficient to prevent higher net imports despite falling electricity demand.
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POWERGRID has acquired the Barmer HVDC project company in India. The transfer moves the 6GW Rajasthan to Maharashtra transmission scheme into its implementation structure after competitive bidding.
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Revera has closed financing for its Hunterston battery storage project. Notice to proceed has been issued for the 400MW/800MWh Scottish development, with commercial operation targeted for 2028.
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Vestas has secured the first V182-7.2 MW turbine order globally. SR Energy will deploy four machines at its 29MW Staverhult wind farm in southern Sweden.
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hep global is starting construction on Germany’s Buckeläcker solar project. The 35.7MWp development includes a 10MW/20.3MWh battery and will connect through the new Hohenstein substation.